yokefleet farms limited Company Information
Company Number
00486789
Website
-Registered Address
farm office blacktoft house, blacktoft, DN14 7XX
Industry
Growing of cereals (except rice), leguminous crops and oil seeds
Telephone
01430441374
Next Accounts Due
January 2026
Group Structure
View All
Shareholders
mr benjamin duart maclean 93.2%
mrs r.m. maclean 6.8%
yokefleet farms limited Estimated Valuation
Pomanda estimates the enterprise value of YOKEFLEET FARMS LIMITED at £316.7k based on a Turnover of £706.8k and 0.45x industry multiple (adjusted for size and gross margin).
yokefleet farms limited Estimated Valuation
Pomanda estimates the enterprise value of YOKEFLEET FARMS LIMITED at £2.1m based on an EBITDA of £384.6k and a 5.37x industry multiple (adjusted for size and gross margin).
yokefleet farms limited Estimated Valuation
Pomanda estimates the enterprise value of YOKEFLEET FARMS LIMITED at £3.7m based on Net Assets of £2.6m and 1.4x industry multiple (adjusted for liquidity).
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Yokefleet Farms Limited Overview
Yokefleet Farms Limited is a live company located in blacktoft, DN14 7XX with a Companies House number of 00486789. It operates in the growing of cereals (except rice), leguminous crops and oil seeds sector, SIC Code 01110. Founded in September 1950, it's largest shareholder is mr benjamin duart maclean with a 93.2% stake. Yokefleet Farms Limited is a mature, small sized company, Pomanda has estimated its turnover at £706.8k with low growth in recent years.
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Yokefleet Farms Limited Health Check
Pomanda's financial health check has awarded Yokefleet Farms Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £706.8k, make it smaller than the average company (£3.3m)
- Yokefleet Farms Limited
£3.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (7%)
- Yokefleet Farms Limited
7% - Industry AVG
Production
with a gross margin of 29.7%, this company has a comparable cost of product (29.7%)
- Yokefleet Farms Limited
29.7% - Industry AVG
Profitability
an operating margin of 29.6% make it more profitable than the average company (8.4%)
- Yokefleet Farms Limited
8.4% - Industry AVG
Employees
with 4 employees, this is below the industry average (39)
4 - Yokefleet Farms Limited
39 - Industry AVG
Pay Structure
on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)
- Yokefleet Farms Limited
£36.8k - Industry AVG
Efficiency
resulting in sales per employee of £176.7k, this is equally as efficient (£162.9k)
- Yokefleet Farms Limited
£162.9k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (41 days)
- Yokefleet Farms Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 51 days, this is slower than average (40 days)
- Yokefleet Farms Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 472 days, this is more than average (101 days)
- Yokefleet Farms Limited
101 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 93 weeks, this is more cash available to meet short term requirements (13 weeks)
93 weeks - Yokefleet Farms Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 16%, this is a lower level of debt than the average (48.1%)
16% - Yokefleet Farms Limited
48.1% - Industry AVG
YOKEFLEET FARMS LIMITED financials
Yokefleet Farms Limited's latest turnover from April 2024 is estimated at £706.8 thousand and the company has net assets of £2.6 million. According to their latest financial statements, Yokefleet Farms Limited has 4 employees and maintains cash reserves of £520.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | |||||||||||||||
Tax | |||||||||||||||
Profit After Tax | |||||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | |||||||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | 4 | 4 | 4 | 2 | 2 | 4 | 3 | 3 | 2 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 1,902,723 | 1,863,369 | 1,706,860 | 1,697,877 | 1,636,795 | 1,643,062 | 1,651,841 | 1,656,120 | 626,358 | 625,238 | 647,688 | 589,571 | 368,548 | 287,237 | 307,594 |
Intangible Assets | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4,334 | 8,667 | 2,250 | 4,500 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 1,902,724 | 1,863,370 | 1,706,861 | 1,697,878 | 1,636,796 | 1,643,063 | 1,651,842 | 1,656,121 | 626,359 | 625,239 | 647,689 | 593,905 | 377,215 | 289,487 | 312,094 |
Stock & work in progress | 643,247 | 535,933 | 449,319 | 288,537 | 263,702 | 293,744 | 341,074 | 308,835 | 383,406 | 363,976 | 253,078 | 186,469 | 194,136 | 189,764 | 198,048 |
Trade Debtors | 16,787 | 167,624 | 53,164 | 99,686 | 191,865 | 206,593 | 196,894 | 58,034 | 79,584 | 236,105 | 103,901 | 58,470 | 51,273 | 70,761 | 26,041 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 33,298 | 41,034 | 35,778 | 39,265 | 37,334 | 19,596 | 22,104 | 27,215 | 112,830 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 520,111 | 264,666 | 488,775 | 437,141 | 293,890 | 282,549 | 101,618 | 350,213 | 299,281 | 287,884 | 512,050 | 509,704 | 626,193 | 417,984 | 317,709 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,213,443 | 1,009,257 | 1,027,036 | 864,629 | 786,791 | 802,482 | 661,690 | 744,297 | 875,101 | 887,965 | 869,029 | 754,643 | 871,602 | 678,509 | 541,798 |
total assets | 3,116,167 | 2,872,627 | 2,733,897 | 2,562,507 | 2,423,587 | 2,445,545 | 2,313,532 | 2,400,418 | 1,501,460 | 1,513,204 | 1,516,718 | 1,348,548 | 1,248,817 | 967,996 | 853,892 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 70,420 | 27,092 | 38,814 | 45,362 | 29,336 | 31,478 | 41,447 | 36,283 | 23,902 | 97,957 | 147,630 | 61,454 | 238,191 | 83,170 | 55,128 |
Group/Directors Accounts | 121,354 | 124,958 | 331,555 | 442,386 | 442,322 | 542,346 | 592,346 | 812,346 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 37,233 | 49,160 | 22,118 | 0 | 0 | 0 | 0 | 0 | 0 | 24,600 | 24,600 | 52,216 | 0 | 0 | 0 |
other current liabilities | 60,569 | 57,618 | 84,745 | 43,802 | 55,663 | 81,316 | 87,086 | 78,996 | 87,550 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 289,576 | 258,828 | 477,232 | 531,550 | 527,321 | 655,140 | 720,879 | 927,625 | 111,452 | 122,557 | 172,230 | 113,670 | 238,191 | 83,170 | 55,128 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 37,234 | 9,111 | 31,786 | 51,927 | 0 | 45,482 | 0 | 0 | 0 | 24,600 | 49,200 | 73,800 | 0 | 0 | 0 |
Accruals and Deferred Income | 19,210 | 21,131 | 23,052 | 24,973 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 26,894 | 0 | 30,736 | 43,402 | 57,245 | 0 | 0 | 0 | 26,192 | 0 | 0 |
provisions | 151,868 | 136,814 | 92,470 | 64,607 | 43,975 | 46,470 | 49,138 | 65,276 | 68,538 | 68,744 | 71,729 | 61,673 | 26,977 | 9,201 | 7,557 |
total long term liabilities | 208,312 | 167,056 | 147,308 | 141,507 | 70,869 | 91,952 | 79,874 | 108,678 | 125,783 | 93,344 | 120,929 | 135,473 | 53,169 | 9,201 | 7,557 |
total liabilities | 497,888 | 425,884 | 624,540 | 673,057 | 598,190 | 747,092 | 800,753 | 1,036,303 | 237,235 | 215,901 | 293,159 | 249,143 | 291,360 | 92,371 | 62,685 |
net assets | 2,618,279 | 2,446,743 | 2,109,357 | 1,889,450 | 1,825,397 | 1,698,453 | 1,512,779 | 1,364,115 | 1,264,225 | 1,297,303 | 1,223,559 | 1,099,405 | 957,457 | 875,625 | 791,207 |
total shareholders funds | 2,618,279 | 2,446,743 | 2,109,357 | 1,889,450 | 1,825,397 | 1,698,453 | 1,512,779 | 1,364,115 | 1,264,225 | 1,297,303 | 1,223,559 | 1,099,405 | 957,457 | 875,625 | 791,207 |
Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 175,550 | 155,844 | 110,914 | 102,340 | 78,237 | 98,200 | 124,564 | 124,870 | 103,774 | 86,480 | 81,161 | 52,145 | 60,437 | 45,529 | 61,781 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,333 | 4,333 | 6,583 | 2,250 | 2,250 |
Tax | |||||||||||||||
Stock | 107,314 | 86,614 | 160,782 | 24,835 | -30,042 | -47,330 | 32,239 | -74,571 | 19,430 | 110,898 | 66,609 | -7,667 | 4,372 | -8,284 | 198,048 |
Debtors | -158,573 | 119,716 | -50,009 | -90,248 | 3,010 | 7,191 | 133,749 | -107,165 | -43,691 | 132,204 | 45,431 | 7,197 | -19,488 | 44,720 | 26,041 |
Creditors | 43,328 | -11,722 | -6,548 | 16,026 | -2,142 | -9,969 | 5,164 | 12,381 | -74,055 | -49,673 | 86,176 | -176,737 | 155,021 | 28,042 | 55,128 |
Accruals and Deferred Income | 1,030 | -29,048 | 39,022 | 13,112 | -25,653 | -5,770 | 8,090 | -8,554 | 87,550 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 15,054 | 44,344 | 27,863 | 20,632 | -2,495 | -2,668 | -16,138 | -3,262 | -206 | -2,985 | 10,056 | 34,696 | 17,776 | 1,644 | 7,557 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | -3,604 | -206,597 | -110,831 | 64 | -100,024 | -50,000 | -220,000 | 812,346 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 16,196 | 4,367 | 1,977 | 51,927 | -45,482 | 45,482 | 0 | 0 | -49,200 | -24,600 | -52,216 | 126,016 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | -26,894 | 26,894 | -30,736 | -12,666 | -13,843 | 57,245 | 0 | 0 | -26,192 | 26,192 | 0 | 0 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 255,445 | -224,109 | 51,634 | 143,251 | 11,341 | 180,931 | -248,595 | 50,932 | 11,397 | -224,166 | 2,346 | -116,489 | 208,209 | 100,275 | 317,709 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 255,445 | -224,109 | 51,634 | 143,251 | 11,341 | 180,931 | -248,595 | 50,932 | 11,397 | -224,166 | 2,346 | -116,489 | 208,209 | 100,275 | 317,709 |
yokefleet farms limited Credit Report and Business Information
Yokefleet Farms Limited Competitor Analysis
Perform a competitor analysis for yokefleet farms limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other small companies, companies in DN14 area or any other competitors across 12 key performance metrics.
yokefleet farms limited Ownership
YOKEFLEET FARMS LIMITED group structure
Yokefleet Farms Limited has no subsidiary companies.
Ultimate parent company
YOKEFLEET FARMS LIMITED
00486789
yokefleet farms limited directors
Yokefleet Farms Limited currently has 3 directors. The longest serving directors include Mr Benjamin MacLean (Feb 2003) and Mrs Silvie MacLean (Oct 2012).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Benjamin MacLean | 56 years | Feb 2003 | - | Director | |
Mrs Silvie MacLean | England | 55 years | Oct 2012 | - | Director |
Mr Charles Wraith | England | 57 years | Sep 2023 | - | Director |
P&L
April 2024turnover
706.8k
-32%
operating profit
209.1k
0%
gross margin
29.7%
-4.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
2.6m
+0.07%
total assets
3.1m
+0.08%
cash
520.1k
+0.97%
net assets
Total assets minus all liabilities
yokefleet farms limited company details
company number
00486789
Type
Private limited with Share Capital
industry
01110 - Growing of cereals (except rice), leguminous crops and oil seeds
incorporation date
September 1950
age
74
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
-
address
farm office blacktoft house, blacktoft, DN14 7XX
Bank
-
Legal Advisor
-
yokefleet farms limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to yokefleet farms limited.
yokefleet farms limited Companies House Filings - See Documents
date | description | view/download |
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